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$430,000

Beds
6
Baths
4.0
sq ft
3,104

103 S Washington St, Oxford, MI 48371

103 S Washington St

Oxford, MI 48371

  • 38 days on market
This beautiful historic, 6 bedroom, 4 bath, downtown Oxford home is full of charm. The interior is all about character and warmth where beautiful updates meet seamlessly with reclaimed original features. With large upper- and lower-units, you could move right in and use the second floor layout as a full mother in law suite or for income. Seller is currently utilizing the upper unit as a short term rental investment. You could also return the home to its original glory as a large single-family home. Walking distance to a plethora of cafes, shops, restaurants, and bars. Minutes from parks and golf courses. This is a must see! *Public record has property zoned as B1 and type as Single family residential. Village of Oxford has it zoned as C-1 central business district-transition. Amazing opportunity! BATVAI

Details

Property type

Single Family Residence

Est. home value

$425,687

Lot size

0.66 acres

Price per sq ft

$139

Year built

1830

Annual property taxes

$10,517

Price History

10/07/2024
MiRealSource

MiRealSource #50157532

Listed
$430,000
+25.73%
12/17/2021
Realcomp

Realcomp #2210029847

Sold
$342,000
+20.63%
10/07/2019
Realcomp

Realcomp #219020525

Sold
$283,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Oxford Area Comm School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$79,771
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$315,829
Cash to seller
$79,771

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

December 2021

Original loan amount

$335,805

Est. remaining balance

$315,829

Interest rate

3.14%

Loan type

FHA, 30 year

Seller

Hope Marie Clark and Bryce Austin Clark

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/13/2024 at 10:50 PM

Listing updated: 10/28/2024 at 2:50 PM

Listed by: Mwood Nafsou, Keller Williams Realty Lakeside Phone #: (586) 532-0500

MLS: MiRealSource #50157532

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